Selling more adspace would drive away users. The rule remains that it is based on Internet hype and can potentially fade as fast as it came as soon as a newer and better and more cloud integrated blah blah comes about.

The company should be valued at a reasonable price, NEGATVE 100 BILLION............ It was stated that 25 -30 % of all divorces had something to do with Facebook. We have teens and preteens on Facebook for hours. Adults that have nothing going on that must be lonely posting comments about senseless topics. Impossible to imagine if all this wasted time was put to good use, what a world we would have. Facebook has created a world full of zombies.

$100 bil for a Wbesite is crazy,people putting this kind of valuation on it are crazy.I can live without Facebook , I am not on it. I cannot live without great many things which are valued so much more moderately - food, clothes, housing, transportation, electricity.

I PRAY every day that facebook goes public so I can short the shit out of it. Because it is just like that other organization groupon (a great idea but not much of a business). The best idea would go to Ballmer and sell FB to him for $200B, from his past performance it seems he likes overpaying for companies.

I believe AAPL was worth $100B in the middle of 2007 somewhere. Is Facebook really as big as AAPL in 2007? In terms of popularity yes of course. But to go further than that is all speculation. There's only so much you can do with ads on a website. The same can be said about AAPL products, but as we see y/y AAPL keeps adding one little thing here or there as the newest chips, screens, etc are created.

I hope Facebook never goes public because we don't need toys being publicly traded. If I want to play with toys I'll turn on the PS3 all day.

What will save Facebook is the fact that it will be hosting over 200 billion photos by this time next year. No one wants to abandon all of those memories. Usage may go down but they'll always have 500 million+ profiles. Regardless, $200B is a bit lofty for something that only sells advertising.

This is just part of the hype created by the underwriters to boost the valuation at time of the IPO so they can charge and justify their hefty fees. FB has very little to say on this. If you are a shareholder and you are told by impeccable investment bankers that “your company is worth $XXXXXXXXXXXXXXXXXXX” you will believe it eventually. The worst thing is that many pension funds will be obliged to buy this shit since that with this sort of valuations FB will automatically belong to many popular benchmarks. A self fulfilling prophecy in a way, all fuelled by the greed of the IBs and the ignorance (and greed too) of the shareholders.